Plan Ledger DOL Form 5500 · updated monthly

Keller Brothers, Inc.401(k)

KELLER BROTHERS, INC. 401(K) PLAN · MOUNT AIRY, MD · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Keller Brothers, Inc. reported $4,981 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,540 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.03% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,094th of 1,671), and 3,406th of 5,337 in construction. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,906,935
Participants with balances122
Active participants215
Employer contributions$331,131
Employee contributions$699,472
Employer contribution per active participant$1,540
Average account balance$64,811
Benefits paid to participants$632,226
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 122 accts · $331K emplr
2023$6.3M · 116 accts · $323K emplr
2022$4.7M · 105 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,981
Total administrative$4,981
The Keller Brothers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,540
Median for plans this size$1,313
2024$1,540 per active participant
2023$1,352 per active participant
2022$1,256 per active participant

Keller Brothers, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023Ascensus, John Hancock

This plan has changed recordkeepers within these filings. If you left Keller Brothers, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,981 · 0.07%
2023$1,025 · 0.02%
2022$1,225 · 0.03%
Similar plansConstruction · Maryland
Ellsworth Electric, Inc. MD$7.7M · 0.50%
Cda Incorporated MD$7.3M · 1.12%
Harvey W. Hottel Inc. MD$7.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521011611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.